Arkolith/Funds/Yaupon Capital Management LP

Yaupon Capital Management LP

CIK 1755028
Holdings as of Mar 31, 2026·disclosed May 15, 2026·~45-day 13F lag·13F-HR
Active Filer

Yaupon Capital Management LP holds a diversified book of 87 stocks worth $2.0B as of Q1 2026 (disclosed May 15, 2026, a ~45-day 13F lag). This quarter they opened Vistra Corp and trimmed National Fuel Gas Co. Their largest long position is National Fuel Gas Co at 5% of the equity book. They also disclosed $899.9M in put options (a bearish bet) and $277.4M in call options (bullish), shown separately below and excluded from the equity book.

Opened
33
bought for the first time
Added to
20
already held, bought more
Trimmed
28
sold some, still holds it
Sold out
36
exited the position entirely

Concentration

Top-heavy: diversified book

Top 5 holdings
20%
Top 10 holdings
34%
Top 20 holdings
55%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Direct sector allocation

95% mapped to company sectors

Utilities
47%
Energy
25%
Industrials
8%
Materials
6%
Financials
5%
ETF / fund or unclassified
5%
Information Technology
3%
Communication Services
1%

Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices, no cost basis

Bought
Trimmed / exited

Funds with the most overlap

Other tracked managers holding the same core names as Yaupon Capital Management LP

Manager / fundShared namesTheir $ in those
UBS Group AG78 / 80$11.5B
MORGAN STANLEY77 / 80$25.1B
JPMORGAN CHASE & CO77 / 80$23.4B
MILLENNIUM MANAGEMENT LLC75 / 80$5.2B
BlackRock, Inc.74 / 80$121.5B
BANK OF AMERICA CORP /DE/74 / 80$20.0B
GOLDMAN SACHS GROUP INC74 / 80$16.6B
WELLS FARGO & COMPANY/MN74 / 80$4.7B

Ranked by how many of Yaupon Capital Management LP's top 80 disclosed names each fund also holds: a cross-fund conviction signal from the latest 13F of every tracked manager.

Holdings: largest first

Bars show each stock's share of the portfolio. Click a row for its position history.

87 positions
#SecurityValueShares% PortLast moveHistory
1National Fuel Gas Co
COM
$98.0M1.04M
4.8%
−5.7%
Reduced · −63K sh
2Coterra Energy Inc
COM
$95.3M2.71M
4.7%
+14%
Added · +342K sh
3Cenovus Energy Inc
COM
$75.9M2.86M
3.7%
−34%
Reduced · −1.5M sh
4Vistra Corp
COM
$67.9M451.6K
3.4%
New
New position
5Ovintiv Inc
COM
$65.1M1.10M
3.2%
−35%
Reduced · −585K sh
6Permian Resources Corp
CLASS A COM
$64.4M3.02M
3.2%
−26%
Reduced · −1.1M sh
7BKV Corp
COM
$58.2M2.04M
2.9%
+172%
Added · +1.3M sh
8Nisource Inc
COM
$58.0M1.24M
2.9%
+4.2%
Added · +50K sh
9CSX Corp
COM
$55.5M1.35M
2.7%
−13%
Reduced · −207K sh
10Public SVC Enterprise Group
COM
$53.9M665.8K
2.7%
+183%
Added · +430K sh
11H2o America
COM
$52.5M895.4K
2.6%
+796%
Added · +796K sh
12BP PLC
SPONSORED ADR
$44.6M948.3K
2.2%
−58%
Reduced · −1.3M sh
13Ameren Corp
COM
$44.3M402.9K
2.2%
−7.3%
Reduced · −32K sh
14Duke Energy Corp New
COM NEW
$44.2M337.7K
2.2%
−24%
Reduced · −106K sh
15American WTR WKS Co Inc New
COM
$43.3M317.9K
2.1%
−9.0%
Reduced · −31K sh
16TC Energy Corp
COM
$43.2M690.4K
2.1%
−40%
Reduced · −453K sh
17Hut 8 Corp
COM
$42.5M906.3K
2.1%
+69%
Added · +370K sh
18Shell PLC
SPON ADS
$38.3M411.8K
1.9%
−38%
Reduced · −257K sh
19Dte Energy Co
COM
$37.4M255.6K
1.8%
−12%
Reduced · −35K sh
20CMS Energy Corp
COM
$35.1M452.6K
1.7%
New
New position
21Williams Cos Inc
COM
$35.0M481.2K
1.7%
−35%
Reduced · −260K sh
22Aes Corp
COM
$33.8M2.40M
1.7%
−45%
Reduced · −2.0M sh
23Targa Res Corp
COM
$32.8M130.8K
1.6%
−19%
Reduced · −31K sh
24Pinnacle West Cap Corp
COM
$30.7M305.0K
1.5%
−40%
Reduced · −207K sh
25Eqt Corp
COM
$29.3M461.0K
1.4%
−23%
Reduced · −135K sh
26Centerpoint Energy Inc
COM
$28.4M657.5K
1.4%
−19%
Reduced · −154K sh
27Coherent Corp
COM
$27.8M116.8K
1.4%
+31%
Added · +28K sh
28ConocoPhillips
COM
$27.7M210.0K
1.4%
New
New position
29Tamboran Res Corp
COM
$26.8M535.2K
1.3%
+3.8%
Added · +20K sh
30Talen Energy Corp
COM
$25.3M79.2K
1.2%
New
New position
31DT Midstream Inc
COMMON STOCK
$25.2M187.1K
1.2%
New
New position
32Matador Res Co
COM
$24.6M389.9K
1.2%
−46%
Reduced · −337K sh
33Technipfmc PLC
COM
$23.8M344.6K
1.2%
−63%
Reduced · −599K sh
34Transalta Corp
COM
$23.5M1.79M
1.2%
+39%
Added · +498K sh
35Lyondellbasell Industries NV
SHS - A -
$22.7M282.2K
1.1%
New
New position
36XPLR Infrastructure LP
COM UNIT PART IN
$22.7M2.13M
1.1%
+91%
Added · +1.0M sh
37Viper Energy Inc
CL A
$22.4M477.0K
1.1%
New
New position
38Kirby Corp
COM
$22.0M165.5K
1.1%
New
New position
39Solv Energy Inc
COM SHS CL A
$21.8M725.0K
1.1%
New
New position
40Entergy Corp New
COM
$21.3M189.6K
1.1%
−30%
Reduced · −80K sh
41Barrick MNG Corp
COM SHS
$19.2M470.5K
0.9%
−5.3%
Reduced · −27K sh
42Plains GP Hldgs L P
LTD PARTNR INT A
$18.9M778.0K
0.9%
New
New position
43Black Hills Corp
COM
$17.1M246.6K
0.8%
+77%
Added · +108K sh
44Idacorp Inc
COM
$16.1M112.7K
0.8%
+60%
Added · +42K sh
45Lumentum Hldgs Inc
COM
$15.6M22.2K
0.8%
New
New position
46Oge Energy Corp
COM
$15.3M319.1K
0.8%
+6.3%
Added · +19K sh
47Karbon Cap Partners Corp
ORD SHS CL A
$14.8M1.47M
0.7%
New
New position
48Rice Acquisition Corp 3
ORD SHS CL A
$14.7M1.43M
0.7%
Held
49Hudbay Minerals Inc
COM
$13.6M652.3K
0.7%
−38%
Reduced · −399K sh
50Westlake Corporation
COM
$12.5M107.0K
0.6%
New
New position
Showing 50 of 87 positions
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Largest options & derivatives disclosed

Put / call positions from the 13F — totals include every disclosed option leg

Put notional (bearish)$899.9M
Call notional (bullish)$277.4M
TypeUnderlyingNotional valueUnderlying shares
PUT · bearishSS SPDR S&P 500 ETF TRUST-USSPY$526.8M810K
PUT · bearishEXXONMOBIL HOLDINGS CORPXOM$141.4M833K
CALL · bullishSS SPDR S&P 500 ETF TRUST-USSPY$130.1M200K
PUT · bearishAMPHENOL CORP-CL AAPH$101.1M800K
CALL · bullishAMERICAN WATER WORKS CO INCAWK$68.0M500K
PUT · bearishTE CONNECTIVITY PLCTEL$66.7M319K
PUT · bearishPBF ENERGY INC-CLASS APBF$42.9M900K
CALL · bullishCSX CORPCSX$41.0M1.0M
CALL · bullishENTERGY CORPETR$22.5M200K
PUT · bearishEQUINOR ASA-SPON ADREQNR$21.1M500K
CALL · bullishNEXTDECADE CORPNEXT$15.8M2.1M

13F filers disclose option positions at the market value of the underlying the contracts reference, not the premium paid. A put is a bearish bet (it gains if the stock falls); a call is bullish. “Underlying shares” is the share count the contracts control, not a share holding. These legs are excluded from the equity book, weighting, concentration and sector figures above.

Filing history

As-of date vs the date the SEC received each filing

QuarterAs ofFiledPositionsValueForm
Q1 2026Mar 31, 2026May 15, 202698$3.2B13F-HR
Q4 2025Dec 31, 2025Feb 17, 2026108$2.8B13F-HR
Q3 2025Sep 30, 2025Nov 14, 2025113$2.6B13F-HR
Q2 2025Jun 30, 2025Aug 14, 2025116$2.2B13F-HR
Q1 2025Mar 31, 2025May 15, 202586$2.0B13F-HR
Q4 2024Dec 31, 2024Feb 14, 2025110$2.4B13F-HR
Q3 2024Sep 30, 2024Nov 14, 202492$1.8B13F-HR
Q2 2024Jun 30, 2024Aug 14, 202499$2.0B13F-HR
Q1 2024Mar 31, 2024May 15, 2024104$2.0B13F-HR
Q4 2023Dec 31, 2023Feb 14, 2024100$1.2B13F-HR
Q3 2023Sep 30, 2023Nov 14, 2023114$1.1B13F-HR
Q2 2023Jun 30, 2023Nov 28, 202394$784.5M13F-HR/A
Q1 2023Mar 31, 2023Nov 28, 2023105$829.3M13F-HR/A
Q4 2022Dec 31, 2022Nov 28, 202390$635.2M13F-HR/A
Q3 2022Sep 30, 2022Nov 14, 202287$466.1M13F-HR
Q2 2022Jun 30, 2022Aug 15, 202273$284.3M13F-HR
Q1 2022Mar 31, 2022May 16, 202264$184.5M13F-HR
Q4 2021Dec 31, 2021Feb 14, 202269$178.1M13F-HR
Q3 2021Sep 30, 2021Feb 11, 202261$169.7M13F-HR/A
Amended / restated
  • Q2 2023 · filed Aug 14, 202313F-HR/A · superseded
  • Q2 2023 · filed Aug 14, 202313F-HR · superseded
  • Q1 2023 · filed May 15, 202313F-HR · superseded
  • Q4 2022 · filed Feb 14, 202313F-HR · superseded
  • Q3 2021 · filed Nov 15, 202113F-HR · superseded

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly, filed up to 45 days after quarter-end. Public domain. The book and weighting are long equity only; disclosed put/call options are listed separately and excluded from those totals. Price-derived performance is withheld until the price-source policy and freshness gate are green.